Debate Topic Two: The Death Penalty Death penalty. (2017, May 22). Retrieved from Life on Death Row : https://www.youtube.com/watch?v=7YnOWZnr3uU In the “FRONTLINE's documentary, the authors examine the impact of capital punishment and death penalty on the inmates. Murder cases which are executed through the use of orthodox means. For instance, Clifford Boggess is executed by lethal injection and spending many years in jail over death row. This documentary critically examines the administration of death penalty and possibility of miscarriage of justice whenever the convicted persons are wrongly executed (Death penalty, 2017). Assignment 3_Long-Term Investment Decisions Due: 09 February, 2018 by 6:00pm EST Assume that the low-calorie frozen, microwavable food company from Assignments 1 and 2 wants to expand, and has to make some long-term capital budgeting decisions. The company is currently facing increases in the costs of major ingredients. Use the Internet to research government policies and regulation. Write a six to eight (6-8) page paper in which you: 1. Outline a plan that managers in the low-calorie, frozen microwaveable food company could follow in anticipation of raising prices when selecting pricing strategies for making their products' response to a change in price less elastic. Provide a rationale for your response. 2. Examine the major effects that government policies have on production and employment. Predict the potential effects that government policies could have on your company. 3. Determine whether or not government regulation to ensure fairness in the low-calorie, frozen microwavable food industry is needed. Cite the major reasons for government involvement in a market economy. Provide two (2) examples of government involvement in a similar market economy to support your response. 4. Examine the major complexities that would arise under expansion via capital projects. Propose key actions that the company could take in order to prevent or address these complexities. 5. Suggest the substantive manner in which the company could create a convergence between the interests of stockholders and managers. Indicate the most likely impact to profitability of such a convergence. Provide two (2) examples of instances that support your response. 6. Use at least six (6) quality academic resources in this assignment, also cited in paper.  Note: Wikipedia does not qualify as an academic resource. Your assignment must follow these formatting requirements: · Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. · Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific c.

1. Debate Topic Two: The Death Penalty
Death penalty. (2017, May 22). Retrieved from Life on Death
Row : https://www.youtube.com/watch?v=7YnOWZnr3uU
In the “FRONTLINE's documentary, the authors examine the
impact of capital punishment and death penalty on the inmates.
Murder cases which are executed through the use of orthodox
means. For instance, Clifford Boggess is executed by lethal
injection and spending many years in jail over death row. This
documentary critically examines the administration of death
penalty and possibility of miscarriage of justice whenever the
convicted persons are wrongly executed (Death penalty, 2017).
Assignment 3_Long-Term Investment Decisions
Due: 09 February, 2018 by 6:00pm EST
Assume that the low-calorie frozen, microwavable food
company from Assignments 1 and 2 wants to expand, and has to
make some long-term capital budgeting decisions.
The company is currently facing increases in the costs of major
ingredients.
Use the Internet to research government policies and regulation.
Write a six to eight (6-8) page paper in which you:
1. Outline a plan that managers in the low-calorie, frozen
microwaveable food company could follow in anticipation of
raising prices when selecting pricing strategies for making their
products' response to a change in price less elastic. Provide a
rationale for your response.

2. 2. Examine the major effects that government policies have on
production and employment. Predict the potential effects that
government policies could have on your company.
3. Determine whether or not government regulation to ensure
fairness in the low-calorie, frozen microwavable food industry
is needed. Cite the major reasons for government involvement
in a market economy. Provide two (2) examples of government
involvement in a similar market economy to support your
response.
4. Examine the major complexities that would arise under
expansion via capital projects. Propose key actions that the
company could take in order to prevent or address these
complexities.
5. Suggest the substantive manner in which the company could
create a convergence between the interests of stockholders and
managers. Indicate the most likely impact to profitability of
such a convergence. Provide two (2) examples of instances that
support your response.
6. Use at least six (6) quality academic resources in this
assignment, also cited in paper.
Note: Wikipedia does not qualify as an academic resource.
Your assignment must follow these formatting requirements:
· Be typed, double spaced, using Times New Roman font (size
12), with one-inch margins on all sides; citations and references
must follow APA or school-specific format. Check with your
professor for any additional instructions.
· Include a cover page containing the title of the assignment, the
student’s name, the professor’s name, the course title, and the

3. date. The cover page and the reference page are not included in
the required assignment page length.
The specific course learning outcomes associated with this
assignment are:
· Propose how differences in demand and elasticity lead
managers to develop various pricing strategies.
· Analyze the economic impact of contracting, governance and
organizational form within organizations.
· Use technology and information resources to research issues in
managerial economics and globalization.
· Write clearly and concisely about managerial economics and
globalization using proper writing mechanics.
Assignment 2_Operations Decision
Due: 09 February 2018, by 6:00pm EST
Using the regression results and the other computations from
Assignment 1, determine the market structure in which the low-
calorie frozen, microwavable food company operates.
Use the Internet to research two (2) of the leading competitors
in the low-calorie frozen, microwavable food industry, and take
note of their pricing strategies, profitability, and their
relationships within the industry (worldwide).
Write a six to eight (6-8) page paper in which you:
1. Outline a plan that will assess the effectiveness of the market
structure for the company’s operations.

4. Note: In Assignment 1, the assumption was that the market
structure [or selling environment] was perfectly competitive and
that the equilibrium price was to be determined by setting QD
equal to QS.
You are now aware of recent changes in the selling environment
that suggest an imperfectly competitive market where your firm
now has substantial market power in setting its own “optimal”
price.
2. Given that business operations have changed from the market
structure specified in the original scenario in the first
Assignment, determine two (2) likely factors that might have
caused the change. Predict the primary manner in which this
change would likely impact business operations in the new
market environment.
3. Analyze the major short run and long cost functions for the
low-calorie, frozen microwaveable food company given the cost
functions below. Suggest substantive ways in which the low-
calorie food company may use this information in order to make
decisions in both the short-run and the long-run.
TC = 160,000,000 + 100Q + 0.0063212Q2VC = 100Q +
0.0063212Q2MC= 100 + 0.0126424Q
4. Determine the possible circumstances under which the
company should discontinue operations. Suggest key actions
that management should take in order to confront these
circumstances. Provide a rationale for your response.
Hint: Your firm’s price must cover average variable costs in the
short run and average total costs in the long run to continue
operations.

5. 5. Suggest one (1) pricing policy that will enable your low-
calorie, frozen microwavable food company to maximize
profits. Provide a rationale for your suggestion.
Hints: In first Assignment, you determined your firm’s market
demand equation. Now you need to find the inverse demand
equation. Having found that, find the Total Revenue function
for your firm (TR is P x Q). From your firm’s Total Revenue
function, then find your Marginal Revenue (MR) function.
Use the profit maximization rule MR = MC to determine your
optimal price and optimal output level now that you have
market power. Compare these values with the values you
generated in Assignment 1. Determine whether your price
higher is or lower.
6. Outline a plan, based on the information provided in the
scenario, which the company could use in order to evaluate its
financial performance. Consider all the key drivers of
performance, such as company profit or loss for both the short
term and long term, and the fundamental manner in which each
factor influences managerial decisions.
Hints: Calculate profit in the short run by using the price and
output levels you generated in part 5. Optional: You may want
to compare this to what profit would have been in Assignment 1
using the cost function provided here.
Calculate profit in the long run by using the output level you
generated in part 5 and cost data in part 3 and assuming that the
selling environment will likely be very competitive. Determine
why this would be a valid assumption.
7. Recommend two (2) actions that the company could take in
order to improve its profitability and deliver more value to its

6. stakeholders. Outline, in brief, a plan to implement your
recommendations.
8. Use at least five (5) quality academic resources in this
assignment.
Note: Wikipedia does not qualify as an academic resource
The assignment must follow these formatting requirements:
· Be typed, double spaced, using Times New Roman font (size
12), with one-inch margins on all sides; citations and references
must follow APA or school-specific format.
· Include a cover page containing the title of the assignment, the
student’s name, the professor’s name, the course title, and the
date. The cover page and the reference page are not included in
the required assignment page length.
The specific course learning outcomes associated with this
assignment are:
· Analyze short-run and long-run production and cost functions.
· Apply macroeconomic concepts to changes in global and
national economies and how they affect economic growth,
inflation, interest rates, and wage rates.
· Evaluate the profit-maximizing price and output level for
given operating costs for monopolies and firms in competitive
industries.
· Use technology and information resources to research issues in
managerial economics and globalization.
· Write clearly and concisely about managerial economics and

7. globalization using proper writing mechanics.
Assignment 1_Demand Estimation
Imagine that you work for the maker of a leading brand of low-
calorie, frozen microwavable food that estimates the following
demand equation for its product using data from 26
supermarkets around the country for the month of April.
For a refresher on independent and dependent variables, please
go to Sophia’s Website and review the Independent and
Dependent Variables tutorial, located
at http://www.sophia.org/tutorials/independent-and-dependent-
variables--3.
Option 2NOTE: The following is a regression equation.
Standard errors are in parentheses for the demand for widgets.
QD = -2,000 - 100P + 15A + 25PX + 10I
(5,234) (2.29) (525) (1.75) (1.5)
R2 = 0.85 n = 120 F = 35.25
Your supervisor has asked you to compute the elasticities for
each independent variable.
Assume the following values for the independent variables:
Q = Quantity demanded of 3-pack units
P (in cents) = Price of the product = 200 cents per 3-
pack unit
PX (in cents) = Price of leading competitor’s product =
300 cents per 3-pack unit
I (in dollars) = Per capita income of the standard
metropolitan statistical area
(SMSA) in which the supermarkets are located = $5,000
A (in dollars) = Monthly advertising expenditures =
$640

8. Write a five to seven (5-7) page paper in which you:
1. Compute the elasticities for each independent
variable. Note: Write down all of your calculations.
2. Determine the implications for each of the computed
elasticities for the business in terms of short-term and long-term
pricing strategies. Provide a rationale in which you cite your
results.
3. Recommend whether you believe that this firm should or
should not cut its price to increase its market share. Provide
support for your recommendation.
4. Assume that all the factors affecting demand in this model
remain the same, but that the price has changed. Further assume
that the price changes are 100, 200, 300, 400, 500, 600 cents.
a. Plot the demand curve for the firm.
b. Plot the corresponding supply curve on the same graph using
the following MC / supply function Q = -7909.89 + 79.1P with
the same prices.
c. Determine the equilibrium price and quantity.
d. Outline the significant factors that could cause changes in
supply and demand for the low-calorie, frozen microwavable
food. Determine the primary manner in which both the short-
term and the long-term changes in market conditions could
impact the demand for, and the supply, of the product.
5. Indicate the crucial factors that could cause rightward shifts
and leftward shifts of the demand and supply curves for
the low-calorie, frozen microwavable food.

9. 6. Use at least three (3) quality academic resources in this
assignment.
NOTE: Wikipedia does not qualify as an academic resource.
Your assignment must follow these formatting requirements:
· Be typed, double spaced, using Times New Roman font (size
12), with one-inch margins on all sides; citations and references
must follow APA or school-specific format. Check with your
professor for any additional instructions.
· Include a cover page containing the title of the assignment, the
student’s name, the professor’s name, the course title, and the
date. The cover page and the reference page are not included in
the required assignment page length.
The specific course learning outcomes associated with this
assignment are:
· Analyze how production and cost functions in the short run
and long run affect the strategy of individual firms.
· Apply the concepts of supply and demand to determine the
impact of changes in market conditions in the short run and long
run, and the economic impact on a company’s operations.
· Use technology and information resources to research issues in
managerial economics and globalization.
· Write clearly and concisely about managerial economics and
globalization using proper writing mechanics.
Running head: ASSIGNMENT 1: DEMAND ESTIMATION

10. 1
DEMAND ESTIMATION
8
Demand Estimation
1. Compute the elasticity for each independent variable. Note:
Write down all of your calculations.
OPTION # 2
The given equation is "QD =-2000 -100P +15A +25PX + 10I"
By putting the values for variables, we calculate the quantity
demanded
QD = 2000-100(200 cents) +15($640) + 25 (300cents) +10
($5,000)
QD = 2000-100($200) +15($640) + 25 ($300) +10 ($5,000) =
9600+7500+50000-20000
2000=45100
"Price elasticity"
Using regression equation " "
Price elasticity
Competitor's Elasticity
Income Elasticity
Advertising Elasticity
2. Determine the implications for each of the computed
elasticity for the business regarding short-term and long-term
pricing strategies. Provide a rationale in which you cite your
results.
The price elasticity is negative, and it is less than one (1) which
means the demand for the product is inelastic. The company can
increase its prices to increase the revenues as one (1%) percent
increase in the price will decrease the demand by only 0.443
percent which means the total revenue will still increase.
The elasticity of the demand for the competitor's price is also
inelastic as it is 0.1662 which means if the price of the
competitor increases or decreases; it has no significant impact
on the quantity demand for the company's products. The
company does not have to worry about the prices of the
competitor's prices in short run, but in the long run, this may

11. change.
The advertising elasticity of the product demand is also low as
it is 0.213 which means one percent increase in the advertising
expenses will increase the demand for the product by 0.213.
This tells that the increase in the advertisement will not
automatically increase the demand for the product.
The income elasticity is the only one that is higher than one (1)
which is 1.109 which means if the average income of the
consumer is increased by one (1%) percent then the demand for
the product will increase by 1.109% which means the demand is
elastic. So the company should increase the prices when the
average income of the consumer is increased.
The demand for the product is only elastic to the income of the
consumer and it is almost insensitive to the price of the
competitors and the advertising expenses. This means that the
company should not worry about the prices of the competitors
and should try to cut the costs of the advertising. However, the
company should have a close eye on the income of the
consumer.
The elasticity of income is 1.109. This is an indication that a
one (1%) percent rise in the average income of the consumer
will boost the demanded quality by 1.109. The product is
elastic. The company can, therefore, decide to increase the price
if the average income increases. (B. Curtis Eaton, Eaton, and
Allen, 1988/2011) This implies that the demanded quality is
highly sensitive to the income of the consumer and the product
price. It is almost insensitive to the price of the competitor
product and the advertising price.
3. Recommend whether you believe that this firm should
or should not cut its price to increase its market share. Provide
support for your recommendation.
In short run, I will recommend the company not to cut the prices
as the demand for the product is almost inelastic to price of the
competitors and advertising and to price its product. The
company can increase the price if needed to meet the increasing
expenses or achieving the required revenue. However, in the

12. long run, the company should have a close look at the average
income of the consumer because the demand is elastic to
income. So if in case the average income of the consumer is
decreased then the price cut should be done and vice versa.
(Colander, 1986/2017)
4. Assume that all the factors affecting demand in this
model remain the same, but that the price has changed. Further
assume that the prices are 100, 200, 300, 400, 500, 600 cents.
a.) Plot the demand curve for the firm.
Assuming that all the other factors are constant, the equation is:
For 100
= =55100
For 200
= =45100

13. For 300
= = 35100
For 400
= =25100
For 500
= =15100
For 600
== 5100

14. 600
5100

17. b.) Plot the corresponding supply curve on the same graph
using the following supply function (with the same prices 100,
200, 300, 400, 500, and 600 cents):
Price
Quantity Q
Quantity S
For 100
55100
0
For 200
45100
7909.9
For 300
35100
15819.8
For 400
25100

18. 23729.7
For 500
15100
31639.6
For 600
5100
39549.5

19. c
c.) Determine the equilibrium price and quantity. (Show this
graphically and calculate using algebra.)
d.) Outline the significant factors that could cause changes in
supply and demand for the product. Determine the primary
manner in which both the short-term and the long-term changes
in market conditions could impact the demand for, and the
supply, of the product.
The significant factors for the demand of the product are; the
price, the average income of the consumers, costs of
ingredients, tastes of the consumers. Speculations for the
changes in the prices in future, political stability, government
regulations and laws are the significant factors for the changes
in the demand. (Adelman & Taft Morris, 1968) The company
does not have to so concerned regarding these factors as they
are not that associated with the demand for the product. Tthe

20. income of the consumer is related to the demand for the
products, and if the income of the consumers is increased, then
the company can increase the prices of the product. (Ibrahim, G;
Kedir, and Ledezma, 2007)
5. What short-term and long-term changes in market
conditions could shift the demand and supply curves for this
product?
The shift in the demand and supply curve may be because of the
changes in demand or supply or both. 48(Pindyck & Rubinfeld,
1988/2017) An increase will shift the curve to the right, and a
decrease will shift the curve to left. A decrease in demand may
come from a situation like the complementary product price
increase decrease with the income of the consumer and some
other factors. This increase can shift the demand and supply
curve to left. An increase may happen when the income of the
consumer is increased, or prices of the complementary products
are decreased.
References
Adelman, I. and Taft Morris, C. (1968). Performance Criteria
For Evaluating Economic Development Potential: an
Operational Approach. Journal of Economics, 82(2), 260-280.
doi:
https://www.jstor.org/stable/1885897?seq=1#page_scan_tab_co
ntents 27
Colander, D. C. (2017). Microeconomics (10th ed.). New York,
N.Y., McGraw-Hill Education. (Original work published 1986)
6
B. Curtis Eaton, B. C., Eaton. D. F., and Allen, D. A. (2011).
Microeconomics: Theory with Applications (8th ed.). North
York, Ontario, Canada, Pearson Education Canada. (Original
work published 1988) 6
Ibrahim, G; Kedir, A. M. and Ledemza, S. T. (2007, March).
Household level Credit Constraint in Urban Ethiopia: A
Discussion Paper number -03/07. Paper presented at University
of Leicester, Department of Economics, Lancaster, U. K.

21. Pindyck, R. S., & Rubinfeld, D. L. (2017). Microeconomics (9th
ed.). Upper Saddle River. N.J.: Pearson Education Limited.
(Original work published 1988) 6
Reference:
price, quantity demanded curve
Quantity D 100 200 300 400 500 600 55100 45100
35100 25100 15100 5100
Price
Quantity demanded
Demand, supply curve
Quantity D 100 200 300 400 500 600 55100 45100
35100 25100 15100 5100 Quantity S 100
200 300 400 500 600 0 7909.89
15819.780000000002 23729.670000000002
31639.559999999921 39549.450000000012
price
quantity supplied and demanded
Contemporary Issues
Debate Forum
Students will be given 3 debate topics this semester. For each
topic the students will watch a documentary they selected
regarding the topic. It must be a scholarly video/documentary
or you will not receive credit.
Students will then complete an assignment that requires they
develop opinions for and against the topic of the video.
Students will submit their debate in black board on the

22. following due dates:
· Topic 2: Police Use/Misuse of Deadly Force:
After watching the video on you will write a three (3) paragraph
essay as follows:
Paragraph 1: Summarize in one paragraph, the main topic of
the video:
· What is the Issue?
· Why is this an issue? Who does it affect.
Paragraph 2: Write an argumentative paragraph Supporting
the issue: you must list three reasons you are in support of the
issue. These must be complete sentences.
Example: I support the death penalty because it is a just
punishment, etc.., then list two more reasons you support the
death penalty.
Paragraph 3: Write an argumentative paragraph Opposing the
issue: you must list three reasons you are opposing the issue.
These must be complete sentences.
Example: I am opposed to death penalty because it violates civil
rights of cruel and unusual punishment, etc.., then list two more
reasons you are opposed to the death penalty.